Nasdaq
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports Nasdaq Bearish bias. A break of 11518.20 will support the fall towards the target of 11304.90 the break of 11304.90 would push the price to 11162.70.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 17518.96
  • Support S1: 17486.33, S2: 17455.76 , S3: 17423.13
  • Resistance R1: 17549.53 , R2: 17582.16 , R3: 17612.73